A “Buy Sell Agreement” is an agreement under which one party in a business agrees to buy another party’s ownership interest in the business at death. Buy sell agreements usually occur between partners, but may be established between investors, shareholders and may also be used by key employees who wish to purchase the business they work for in the event of an owner’s death.

Key Person Life Insurance is simply life insurance taken out on an individual (or individuals) in a business who is (are) vital to the business’ operation. If the key person were to die unexpectedly, the business would either sustain a substantial financial loss or suffer financially to the point of going out of business.

Group term life insurance is usually purchased with a fixed face amount (death benefit) for all employees (i.e. $20,000 per employee), or as a multiple of earnings to a specified maximum (i.e. 1.5X earnings to a maximum of $50,000 per employee). Plans can be customized to reflect a wide array of face amounts and plan caps depending on the group and the industry.

Do you need life insurance to cover a loan, a buy-sell agreement between business partners or to protect your family? Whatever the reason, we have access to a wide variety of life insurance products to suit your needs.

Complete and submit the following preliminary information, and we’ll get back with you about life insurance that matches up with your particular concerns. No pushy salesman to worry about! We respect our customers ability to make decisions without all that old-school life insurance nonsense.

If you are applying for health insurance – whether as an individual or as a company – you will be gathering together your medical history and hunting down the contact information for your medical providers anyway – so why not check on your other health related coverages at the same time?